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Pnzx Toshiba share price takes hit as US arm faces accounting investigation on same day as it sells Toshiba Medical System Corporation to Canon for  pound;4.2bn
Thursday 19 January 2017 9:36 amIt isnrsquo;t just pensions: Four reasons why Royal Mail shares have failed to deliverBy: Oliver GillShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleRoyal Mail s shares fell over five per cent this morning despite delivering in-line trading for the first nine months of the year.T polene france he group s problem is that its core operationndash; delivering letters in the UK ndash; is shrinking. Add to this pension problems and the potential for  polene store industrial action and as Rob Byde, an analystat Cantor Fitzgerald, summarised:  The investment case is finely balanced with pensions versusvaluation. [stockChart code= RMG  date= 2017-01-19 09:27 ]1 ndash; Terminal declineThe UK business in letters and parcels, which represents around 80 per cent of revenues, is under pressure. In fact, according toNicholas Hyett, an analyst at Hargreaves Lansdown, it is in  terminal decline . Letter revenues fell by six per cent once the cash cow of election postage was stripped outand within today s statement, the group revealed their concerns about the future of letters in Britain:We are seeing the impact of overall business uncertainty in the UK on letter volumes, in particular advertising and business letters.Although parcel r polene handtaschen evenues grew by three per cent, that side of the business is coming under  increasing pressure  according to Byde while Hyettadded:The parcels industry lo Emsi Nomura slashes $1bn in costs
Sunday 16 January 2011 10:50 pm|Updated:Friday 31 May 2019 2:24 amEMERGING MARKETS BOOST BURBERRYBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBRITISH 8200;luxury fashion house Burberry is likely to show a benefit from strong emerging markets, particularly in Asia, when it publishes figures for its fiscal third-quarter tomorrow. Analysts forecast revenue of about pound;436m, with like-for-like retail sales up four to eight per cent. The companyrsquo  share price has seen steady growth under the guidance of chief executive Angela Ahrendts, who joined as chief executive in 2006. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as stanley becher  flights to be cancelledClairersquo  Accessories to launch UK high street comebackAfter Santanderrsquo  TSB takeover ndash; who are the top players in UK banking Bank of England signals interest rate stanley kubek  hikes ahead despite April holdMore from City AMHermegrave  and Gucci shares tank in lsquo;dismalrsquo; week for luxury brandsRetailShopping list: London Stock Exchange could welcome pound;20bn in retail floats within monthsMarketsRolls-Royce shares boom amid hopes of trade resumptionMarketslsquo;Complex risksrsquo;: Jamie Dimon strikes